Datablog + Deutsche Bank | The Guardianhttps://www.theguardian.com/news/datablog+business/deutschebank
model.DotcomContentType$TagIndex$@68902674en-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2017Thu, 14 Dec 2017 03:42:17 GMT2017-12-14T03:42:17Zen-gbGuardian News and Media Limited or its affiliated companies. All rights reserved. 2017The Guardianhttps://assets.guim.co.uk/images/guardian-logo-rss.c45beb1bafa34b347ac333af2e6fe23f.pnghttps://www.theguardian.com
AIG releases list of top bailout beneficiarieshttps://www.theguardian.com/news/datablog/2009/mar/16/aig-goldmansachs
Despite denials, Goldman Sachs tops lists of beneficiaries from US taxpayer bailout of insurance giant AIG.<p>Bowing to building pressure from the media, the public and members of the US Congress, insurance giant AIG has begun to release some of the data about banks and other recipients of billions of US taxpayer money. </p><p>Apart from the disclosure itself, the big headline was that Goldman Sachs Group, which had last autumn denied having any "material" exposure to AIG, was the biggest beneficiary from the bailout of AIG receiving $12.9 bn in various payouts. Goldman repeatedly said last autumn that it had no material exposure to AIG. </p><p>A collapse of the insurer threatened to leave a hole of as much as $20 billion in Goldman's side...</p><p>We wonder whether things might yet get uncomfortable for Goldman. After all, they're in rather an awkward position: on the one hand, according to their above PR line, they didn't need AIG's money at all (it was, to paraphrase, immaterial whether AIG went under or not). And yet, on the other hand Goldman <em>is</em> - gosh - the largest recipient, via AIG, of taxpayers' money.</p> <a href="https://www.theguardian.com/news/datablog/2009/mar/16/aig-goldmansachs">Continue reading...</a>AIGGoldman SachsRoyal Bank of ScotlandBarclaysHSBCDeutsche BankInsurance industryCredit crunchUS newsWorld newsExecutive pay and bonusesMon, 16 Mar 2009 17:47:42 GMThttp://www.theguardian.com/news/datablog/2009/mar/16/aig-goldmansachsKevin Anderson2009-03-16T17:47:42Z